The chorus of stock bulls predicting US equities will weather a recession has got it wrong, if history is any guide.
A clutch of U.S. regional lenders on Thursday joined peers in reporting deposit outflows for the first quarter customers spooked by a banking crisis.
Uncertainty continues to linger about whether or not the US will make it through to late summer without risking a debt-ceiling-related default.
Workers are prematurely tapping their retirement savings, a sign that households are coming under increased financial pressure.